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I'm not even sure oil makes sense to be imported over the Atlantic for us in Europe. We're mostly about LNG.

• brailsafe 4y ago
  That's where Canada might stand to gain
  • SECProto 4y ago
    Canada might stand to gain on LNG? We have some import terminals but no export terminals[1]. We announced agreement on a project to export hydrogen to Germany [2]. But there are no means for us to export LNG to Europe in the short to medium term (and no one would want it anyway, in the medium to long term. LNG is expensive and emissions intensive, particularly with fugitive emissions [3]). [1] https://www.nrcan.gc.ca/energy/energy-sources-distribution/natural-gas/canadian-lng-projects/5683 https://www.nrcan.gc.ca/energy/energy-sources-distribution/n... [2] https://www.canada.ca/en/natural-resources-canada/news/2022/08/canada-and-germany-sign-agreement-to-enhance-german-energy-security-with-clean-canadian-hydrogen.html https://www.canada.ca/en/natural-resources-canada/news/2022/... [3] https://www.woodmac.com/news/opinion/do-fugitive-emissions-of-methane-make-natural-gas-more-emissions-intensive-than-coal/ https://www.woodmac.com/news/opinion/do-fugitive-emissions-o...
    • brailsafe 4y ago
      That's why I said might, which your 3rd link seems to support